News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
A survey conducted by Inside Housing magazine in the United Kingdom says that over the next three years, 58.6 percent of the 22,544 homes planned by 17 of the UK’s largest housing associations will be constructed using offsite methods, including modular construction. Heathrow Airport’s Terminal T2A was modular construction, and …
Baby boomers, rising rents, retirees and rising home prices are driving demand for affordable housing, which in turn is propelling the manufactured housing real estate investment trust (REIT) sector, pushing it to a year-to-date return of 13.13 percent, far above the -1.07 percent average for the FTSE NAREIT All Equity …
With a target price set at $64.00, Zacks has upgraded shares of Equity LifeStyle Properties, Inc (NYSE:ELS) from a hold rating to a buy rating, according to lulegacy. Shares of the real estate investment trust (REIT) opened at $56.87 on Monday, and closed Tuesday, July 28 at $57.07, approaching the …
Manufactured Home Community Owner ELS has Investors’ Attention Read More
Chilean Felipe Assadi Arquitectos has designed an 80 square meters (860 square foot) prototype modular home constructed of locally-sourced pine with floor-to-ceiling glass windows, requiring just 45 days to assemble. Offering a sustainable design as a less expensive alternative to a more permanent dwelling, the home is made so additional …
Chilean Modular Home Offers Expansive View of Surroundings Read More
In the news from CNNMoney: Oil prices have fallen nearly 20 percent this month. No stock market correction has occurred in four years, even though the crises in China, Greece, falling commodity prices and the threat of rising interest rates smack of danger. Meanwhile, the Yahoo Manufactured Housing Composite Value …
Following a story MHProNews last posted June 25, 2015 regarding a request for expansion of a manufactured home community (MHC) on what was once part of the Southgate Estates MHC in Bloomington, Illinois, the city council denied the proposal. Although the planning commission had recommended approval, the city council voted …
City Council Rejects Current Plan for Manufactured Home Community Expansion Read More
An order by the Prince George City Council of British Columbia, Canada for the Lombardy Mobile Home Park to clean up unsightly property has only been partially adhered to, so city crews will go in and make sure the remainder of the order is fulfilled. A report indicates abut half …
MHProNews has been informed by Ross Kinzler, Executive Director of the Wisconsin Housing Alliance (WHA) that his Assistant Executive Director, Amy Bliss, has hired Laurie Mercurio as their new communications director. An AMS certified meteorologist, she has been an on-air weather and news reporter at WKOW-TV in Madison, WI. A …
State MH Associations: New Face in Wis., New Address in Ohio Read More
Consistent with what the Manufactured Housing Association for Regulatory Reform (MHARR) has been asking for since 2000, MHARR informs MHProNews that the Department of Housing and Urban Development (HUD) manufactured housing program may be increasing payments to State Administrative Agencies (SAAs). Currently, the SAAs receive $2.50 per floor for each …
HUD Manufactured Housing Program may Increase State Payments; MHCC to Meet Read More
In the news from CNNMoney: China stocks drop eight percent: How might it affect Western economies, especially since Europe is its largest trading partner? Typical American family is 4.8 percent poorer than it was 25 years ago. Identify theft is the biggest consumer complaint. AT&T acquires DirecTV and becomes largest …
NASDAQ Falls Nearly One Percent. MHCV Slips under Thousand Mark Read More
As a means to deal with the high demand for housing in Liverpool, England, Liverpool Mutual Homes (LMH) has begun preparing home sites for 33 eco-friendly modular homes to be placed in Belle Vale in southeast Liverpool. The £3.5 million ($5.42 million) project will consist of 21 modular homes with …
Modular Homes Rising in UK Neighborhood Known for Prefab Homes Read More
Many people have likely forgotten Superstorm Sandy, as the third anniversary of that devastating storm that ripped up the Eastern Seaboard approaches, but in Connecticut, Westchester Modular Homes of Fairfield County has opened an office in Bethel, CT to continue dealing with the victims of that storm. As courant informs …
Modular Homes Still Rising in Wake of Hurricane Sandy Read More
According to reuters, the U. S Court of Appeals for the District of Columbia Circuit has ruled the State National Bank of Big Spring, Texas has legal standing to challenge the constitutionality of the Consumer Financial Protection Bureau (CFPB) as well as the appointment of its director, Richard Cordray. Being …
Appeals Court Rules Challenge to CFPB’s Existence can Move Forward Read More
What’s New in public focused Manufactured HomeLivingNews.com > A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video > How A Manufactured Modular Home Production Center Achieves Savings and Quality – Inside MH Video with Mike Stone > 4 Easy Ways to Keep Your Home Clean What’s New …
Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015 Read More
The Williams County Commission in Williston, North Dakota voted to adopt new guidelines putting restrictions on new or renewed applications for temporary housing as of August 1, 2015, as willistonherald reports. As the price of oil has fallen and the demand for oilfield workers has subsided, the commission is phasing …
Temporary Modular Housing being Restricted in Bakken Oilfield Read More
Writing in wsj, former Chairman of the Senate Banking Committee Phil Gramm, noting the effects of Dodd-Frank on the banking system, says although the Federal Reserve’s quantitative easing has increased bank reserves, lending has barely risen. The Federal Deposit Insurance Corp. reports that 1,341 commercial banks have closed since 2010, …
In the news from CNNMoney: New home sales fall. Dunkin’ Donuts CEO says $15 minimum wage is outrageous. Anthem Healthcare to acquire Cigna following Aetna’s acquisition of Humana, covering a total of 86 million members. Gates Foundation’s $200 million resulting in malaria vaccine. Meanwhile, the Yahoo Manufactured Housing Composite Value …
Dow Falls -163 Points, Most Tracked Manufactured Housing Stocks also Drop Read More
A variance request by Ridge Park LLC to allow for the placement of 28 modified shipping containers for worker housing was passed by the Calcasieu Parish Planning and Zoning Board in Louisiana. The property had been re-re-zoned in 2013 from Agricultural and Mixed Residential to R-MHP — Manufactured Home Park, …
Modular Workforce Housing Planned for Southwest Louisiana Read More
The Manufactured Housing Institute (MHI) informs MHProNews on Thursday, the Senate Appropriations Committee passed its Fiscal Year 2016 Financial Services and General Government Appropriations bill, which includes the Preserving Access to Manufactured Housing Act (S. 682/H.R. 650) per Senate Banking Committee Chairman Richard Shelby’s (R-AL) request. While passage of the …
Help Ensure Passage of The Preserving Access to Manufactured Housing Act Read More
Real estate investment trust (REIT) and manufactured home community (MHC) owner UMH Properties, Inc. will host its Q2 2015 financial results webcast and conference call on Friday, August 7, at 10:00 AM EST. Senior management will be on hand to discuss the results as well as current market conditions and …
UMH Properties Set to Release Q2 Financials Aug. 7 Read More
